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...either unemployed or working part time. Worst of all, García alleges, wealthy Peruvians have been frantically buying U.S. dollars and putting money into bank accounts abroad. To stop this capital flight, García shut down Peru's banks after he became President. When he allowed them to reopen two days later, accounts containing U.S. dollars were frozen. In addition, he devalued the sol, the local currency, by 12% to stimulate exports and slashed interest rates to spur economic activity...

Author: /time Magazine | Title: Defiant Debtor | 4/18/2005 | See Source »

...crowds hardly thin out, even into the night. The Basilica is closed for cleaning from 3 am to 5 am, but most of the people outside simply wait patiently for it to reopen. And they appear to be deeply moved by the experience of being part of this history unfolding before them. They chant the rosary, and sometimes just the name "Giovanni Paolo" in a rhythmic chorus, as they wait for hours to get a few seconds glance at the pontiff as they pass by his body...

Author: /time Magazine | Title: Vatican Diary: A New Papacy Begins | 4/16/2005 | See Source »

...President's lapse is not just moral but historical. At first, he declared that he would put the past behind him: reopen no wounds, apportion no blame, visit no death camp. But one cannot pretend that the world began on V-E day 1945. One has to ask the question: Where did the new Germany come from? Some concession had to be made to history. The President decided to make it. And he chose precisely the wrong history...

Author: /time Magazine | Title: Essay: The Bitburg Fiasco | 4/12/2005 | See Source »

...stand-in, then it was closed entirely. But in three days of phone pleas to producer Barry Weissler, "I made him see how important it was that the show go on because of how much the cast had put into it," says Applegate. Weissler was moved and agreed to reopen Charity, take it to Broadwayin May and return his still healing star to the title role. Cue the applause...

Author: /time Magazine | Title: How Christina Made the Case for Charity | 4/3/2005 | See Source »

Signs posted around the QRAC say the building is expected to reopen on the morning of September...

Author: By Jessica E. Schumer, CRIMSON STAFF WRITER | Title: Quadlings Brace as QRAC Shuts Doors | 3/24/2005 | See Source »

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